Plans For Scientific Research Led Economy Are Unrealistic

BMI View: Despite the Egyptian interim government's populist spending plans, which includes increased budgets for public healthcare and pharmaceuticals, the country's future economic direction remains unclear and this situation will not be rectified until a new, elected government is formed. The government's latest announcement that it intends to increase expenditure on scientific research is admirable, but misguided, as the increase is too great for too short a period of time and Egypt does not have sufficient human resources to realise the benefits of the additional funding for science.

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